PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 294
Responsibility for well or bore after decommissioning
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 294
Responsibility for well or bore after decommissioning
294 Responsibility for well or bore after decommissioning
(1) This section
applies if a petroleum tenure holder or water monitoring authority holder has,
under section 292, decommissioned a petroleum well, water injection bore,
water observation bore or water supply bore.
Note—
For ownership before
decommissioning, see section 542.
(2) Despite the decommissioning, the
holder continues to be responsible under this Act for the well or bore until
the earlier of the following times (the
"relevant time" )—
(a) when the tenure or authority ends;
(b) when the land
on which the well or bore is located ceased to be in the area of the tenure or
authority.
(3) At the relevant time the well or bore is taken to have been
transferred to the State.
(4) Subsection (3) applies despite—
(a) the well
or bore being on or part of land owned by someone else; or
(b) the sale or
other disposal of the land.
(5) After the relevant time, the State may
transfer the well or bore.
(6) However—
(a) the transfer from the State can
only be to—
(i) the owner of the land on which the well or bore is located;
or
(ii) the holder of a geothermal tenure or mining tenement the area of
which includes that land; and
(b) the transfer from the State and the use of
the well or bore by the transferee is subject to this Act and any other
relevant Act or law.
